Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
2026-06-05
08:27

Arthur Hayes Dumps HYPE and NEAR Before SpaceX IPO

According to Arthur Hayes, BitMEX co-founder and Maelstrom Fund manager, he sold his entire holdings of Hyperliquid (HYPE) and Near Protocol (NEAR) on June 4, citing upcoming IPOs including SpaceX as a bearish catalyst. Hayes stated it was "time to take profit" as the IPOs forced him to rebalance hi
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HYPE3.01%
WLD2.33%